Alpine Woods Capital Investors LLC Has $4.39 Million Holdings in Tetra Tech, Inc. $TTEK

Alpine Woods Capital Investors LLC reduced its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 12.8% in the 3rd quarter, Holdings Channel reports. The firm owned 131,367 shares of the industrial products company’s stock after selling 19,231 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Tetra Tech were worth $4,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of TTEK. FORA Capital LLC bought a new position in Tetra Tech during the first quarter worth about $442,000. Parallel Advisors LLC raised its holdings in shares of Tetra Tech by 38.7% in the 2nd quarter. Parallel Advisors LLC now owns 4,408 shares of the industrial products company’s stock worth $159,000 after buying an additional 1,231 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Tetra Tech by 75.8% during the 1st quarter. Ameriprise Financial Inc. now owns 1,523,809 shares of the industrial products company’s stock worth $44,571,000 after buying an additional 656,872 shares during the period. King Luther Capital Management Corp boosted its stake in Tetra Tech by 6.8% in the 2nd quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock valued at $59,088,000 after buying an additional 105,286 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in Tetra Tech by 24.5% in the second quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock valued at $34,881,000 after acquiring an additional 190,995 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on TTEK shares. National Bank Financial began coverage on Tetra Tech in a report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective for the company. Robert W. Baird increased their target price on shares of Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Finally, Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Thursday, November 13th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Price Performance

TTEK opened at $34.18 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market capitalization of $8.91 billion, a P/E ratio of 36.75 and a beta of 0.88. The company’s 50 day simple moving average is $33.83 and its 200-day simple moving average is $35.19. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $42.98.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.05. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 EPS. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Sell-side analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, December 1st were paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 1st. Tetra Tech’s payout ratio is 27.96%.

Tetra Tech Company Profile

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.